Traders Laboratory - View Single Post - lol @ es again!
Thread: lol @ es again!
View Single Post
  #3 (permalink)  
Old 09-18-2007, 03:01 PM
brownsfan019's Avatar
brownsfan019 brownsfan019 is offline
brownsfan019 is happy football season is finally here! Go Browns!

 
Join Date: Jan 2007
Posts: 2,303
Thanks: 60
Thanked 149 Times in 95 Posts
Re: lol @ es again!

Quote:
View Post
I was watching the tape at all the little guys making the bullish engulfing pattern. Normally I would have taken the trade, but seeing as the Fed was about to make it's decision and I didn't see any bigger tape action I stepped aside. Now I'm pissed I did
James - from a pure candlestick analysis, you had a great chance to go long there and make your week in a matter of 30-60 seconds. I don't read the tape, so not sure what you saw there, but hopefully with time you will see the benefits of candlestick analysis.

PS
My 5 min ES chart provided a gorgeous, HUGE risk/reward spinning top.

__________________
Click here to donate to my 2008 Leukemia and Lymphoma Society donation page. Each year I do a fundraiser for my significant other's family as she lost her father to blood cancer. Please consider a donation, regardless of big or small and help this worthwhile cause.
Reply With Quote